iShares Global Energy ETF (NYSEARCA:IXC) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its position in iShares Global Energy ETF (NYSEARCA:IXC) by 16.7% in the third quarter, Holdings Channel reports. The firm owned 987,690 shares of the company’s stock after selling 198,207 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Global Energy ETF were worth $39,982,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC raised its holdings in shares of iShares Global Energy ETF by 17.9% in the third quarter. Fisher Asset Management LLC now owns 9,832,438 shares of the company’s stock valued at $398,017,000 after buying an additional 1,491,283 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of iShares Global Energy ETF by 14,234.4% in the second quarter. The Manufacturers Life Insurance Company now owns 778,499 shares of the company’s stock valued at $32,315,000 after purchasing an additional 773,068 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares Global Energy ETF during the second quarter worth approximately $22,940,000. Bank of Montreal Can grew its position in iShares Global Energy ETF by 58.5% in the 2nd quarter. Bank of Montreal Can now owns 272,376 shares of the company’s stock valued at $11,313,000 after buying an additional 100,512 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in iShares Global Energy ETF by 2,945.3% in the 3rd quarter. International Assets Investment Management LLC now owns 103,205 shares of the company’s stock valued at $4,178,000 after buying an additional 99,816 shares during the period.

iShares Global Energy ETF Stock Performance

Shares of iShares Global Energy ETF stock opened at $38.92 on Monday. The company has a market cap of $3.20 billion, a P/E ratio of 7.86 and a beta of 0.52. The firm has a fifty day moving average of $40.41 and a two-hundred day moving average of $40.93. iShares Global Energy ETF has a one year low of $36.79 and a one year high of $45.22.

iShares Global Energy ETF Profile

iShares Global Energy ETF (the Fund), formerly iShares S&P Global Energy Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global Energy Sector Index (the Index). The Index is a subset of the S&P Global 1200 Index, and measures the performance of companies that S&P deems to be part of the energy sector of the economy.